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COMMERCIAL SHIPYARD CAPACITY
India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investorsThe government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subs...- India, HD Hyundai advance plans for $4 billion shipyard in Tamil NaduUnion Minister Sarbananda Sonowal engaged with HD Hyundai's Chairman in Seoul to discuss a significant shipyard project. The proposed USD 4...
- How Australia built world’s biggest battery-powered ferryThe electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-frie...
- Mazagon Dock Shipbuilders to invest Rs 15,000 crore in Andhra shipyardMazagon Dock Shipbuilders will invest Rs 15,000 crore in Andhra Pradesh over seven years. A new greenfield shipyard will be developed at Du...
- MDL plans Rs 27,000 crore shipbuilding cluster at Dighi, eyes 90,000 jobsMazagon Dock Shipbuilders will invest Rs 27,000 crore for a new shipbuilding cluster. This project aims to create approximately 90,000 jobs...
- Cochin Shipyard shares tumble 12% over 2 sessions. Should you buy after multibagger corrects 26% in a year?Cochin Shipyard shares fell sharply for a second straight session after management indicated a lower EBITDA margin target for the next two ...
- Cochin Shipyard to form Rs 1,800 crore JV with DP World's Drydocks World Dubai for Kochi facilityCochin Shipyard has successfully established a joint venture with Drydocks World Dubai to enhance its ship repair operations. This new part...
- GRSE, YIL step up shipbuilding, defence manufacturing capacity in West BengalGarden Reach Shipbuilders and Yantra India are expanding defence manufacturing capabilities. Five brownfield projects will involve investme...
- India poised to become global shipbuilding hub: Defence Minister Rajnath SinghIndia is set to become a global shipbuilding hub, addressing a market vacuum. The nation will focus on design, manufacturing, and MRO servi...
- Defence Minister Rajnath Singh lays foundation for 5 expansion projects of GRSE, Yantra IndiaDuring a virtual event, Defence Minister Rajnath Singh inaugurated five noteworthy expansion projects, collectively valued at nearly Rs 3,5...
- In-principle nod to 2 maritime projects, including Rs 1,570 cr ship repair facility in GujaratTwo strategic maritime projects in Gujarat have received in-principle approval from the shipping ministry. A Rs 1,570-crore ship repair fac...
- Mundra Ahoy! Adani sets sail for shipbuildingAdani's previously unreported shipbuilding scheme is tucked away in the ₹45,000 crore expansion plan for Mundra Port that received environm...
- ED attaches property worth Rs 2,747 cr of ABG Shipyard in bank fraud caseThe ED said that the attached assets include Shipyards in Gujarat's Surat and Dahej; agricultural lands and plots, various commercial and r...
- Cochin Shipyard IPO sees great demand; subscribed 76 timesCochin Shipyard is the largest public sector shipyard in India in terms of dock capacity.
- Cochin Shipyard IPO subscribed 0.92 times on Day 1Geojit Fin Services has given ‘Subscribe’ to the issue, with a medium-to-long term perspective.
- Cochin Shipyard Limited will not be privatised: Union Minister Pon RadhakrishnanThe minister of state for shipping gave this assurance during an interaction with trade unions and associations of CSL here, a CSL spokespe...
- Cochin Shipyard looks to raise Rs 1,350 crore through IPOThe IPO comprises of 3.40 crore shares consisting of a fresh issue of 2.27 crore shares and an offer for sale of 1.13 crore equity shares b...
- Reliance Defence, L&T may slug it out for Rs 20,000 crore warships contractCommercial bids submitted by the two private firms for the largest defence project under Make in India will be opened in the next three mon...
- Indian shipyards open to technology collaborations: ExpertThere is big scope for MDL to undertake commercial vessel projects but the focus is defence and naval projects.
- Defence public sector shipyards have adequate infrastructure to meet country's needs: Vineet Bakshi, Goa ShipyardRear Admiral (Retd) Vineet Bakshi, VSM, chairman and managing director of Goa Shipyard, talks about the yard’s modernization programme and ...
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